Current through 2024 Legislative Session Act Chapter 531
Section 8064 - Electric vehicle rebate programs(a) As used in this section: (1) "All-electric vehicle" means as defined in § 8062 of this chapter.(2) "Department" means the Delaware Department of Natural Resources and Environmental Control.(3) "Electric vehicle" means as defined in § 8062 of this chapter.(4) "MSRP" means the manufacturer's suggested retail price for an electric vehicle as set by the electric vehicle's manufacturer.(5) "Plug-in hybrid vehicle" means as defined in § 8062 of this chapter.(b) The Department shall administer a rebate program to incentivize the purchase and lease of new and used electric vehicles by Delaware residents. Qualifying electric vehicles shall be eligible for a rebate in an amount determined by the Department based on availability of funds and the Department's assessment of the maturation of the market, provided, however, that the rebate for all-electric vehicles shall not exceed $2,500 per vehicle and the rebate for plug-in hybrid vehicles shall not exceed $1,000 per vehicle.(c) All of the following are eligible to participate in the rebate programs upon purchase of a qualifying vehicle: (2) Active-duty military members stationed in Delaware.(d) No more than 2 electric vehicle rebates may be permitted per recipient over the life of the program.(e) The Department shall establish standards and procedures for administration of electric vehicle incentive programs. Such standards may include criteria for establishing qualifying electric vehicles including price caps, mileage range, battery size, and other relevant factors.(f) Eligible vehicles shall not exceed $50,000 in MSRP.(g) Applications for the rebate and incentive programs must be made using forms and procedures developed by the Department.(h) The Department may utilize third-party providers to administer rebate and incentive programs.(i) The Department may utilize funds allocated to the Department under § 6046 of Title 7 for the programs established in subsection (b). Funds shall be issued on a first come, first serve basis as funds are available.Added by Laws 2023, ch. 144,s 1, eff. 8/3/2023.Section 3 of the 2023 enacting legislation provides that this section shall be repealed 6 months after the Department of Natural Resources and Environmental Control notifies the Registrar of Regulations, the Chief Clerk of the House of Representatives, and the Secretary of the Senate of any of the following: (1) Available funds to support the Electric Vehicle Rebate Program established in Section 1 will be exhausted within the following year. (2) The Department of Natural Resources and Environmental Control, in consultation with the Department of Transportation, determines that the median cost of both new and used electric vehicles, as defined in Section 1, is comparable with the median cost of similar internal combustion engine vehicles.